I attended one of Roach marketing's round table discussions today and found it to be very informational. After discussing several topics I am continued to remain very optimistic about the future of agriculture. As we talked about today we in the beginning of a Information revolution. In todays world there are more opportunities for people all across the world to start, promote,and build a successful business with very little or no cost. This will eventually lead to more disposable income that will allow people to better feed their families. I think we will begin to see the effects of this in the next ten years.
We also discussed how we need to get our marketing plans in place for the upcoming year. I think this year it sounds like we need to have everything we want to have sold by July 4th. We will be looking to price our grain on any rallies in the March- June time frame. History shows us that has been one of the best times to market our grain over the past 15 years. We will still have to raise a good crop this upcoming year to meet demand. Ending stocks are not extremely high and can not afford any major decline in production. The one thing to always keep in mind is the only sure way to keep your business sustained is to sell at a profit if the opportunity is there.
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